Budgeted Activity Usage 6,000 machine hours 10,000 direct labor hours Mia Company uses activity-based costing and reports the following for this year. Activity Budgeted Cost Activity Cost Driver Machine hours (MH) Direct labor hours (DLH) Cutting Assembly Total $ 42,000 100,000 $ 142,000 (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 40 machine hours and 35 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B Allocate overhead costs to a job that uses 40 machine hours and 35 direct labor hours. Activity Usage Activity Rate Activity Cutting Assembly Total 40 machine hours 35 direct labor hours Allocated Cost $ 0.00 Mia Company uses activity-based costing and reports the following for this year. Activity Cutting Assembly Total Budgeted Cost $ 42,000 100,000 Activity Cost Driver Machine hours (MH) Direct labor hours (DLH) $ 142,000 (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 40 machine hours and 35 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B Compute an activity rate for each activity using activity-based costing. Activity Cutting Assembly Budgeted Cost Budgeted Activity Usage < Required A Required B > Budgeted Activity Usage 6,000 machine hours 10,000 direct labor hours Activity Rate